Lukoil

Lukoil's Carbon Emissions and Climate Commitments

In 2023, Lukoil, headquartered in RU and operating in the "Electricity by petroleum and other oil derivatives" sector, reported Scope 1 emissions totalling approximately 36.9 billion kg CO2e and Scope 2 emissions of about 4.9 billion kg CO2e. The combined Scope 1 and 2 emissions for 2023 amounted to approximately 41.8 billion kg CO2e.

For 2022, Lukoil's Scope 1 emissions were approximately 41.2 billion kg CO2e, with Scope 2 emissions at approximately 5.7 billion kg CO2e, resulting in a combined Scope 1 and 2 total of approximately 46.9 billion kg CO2e.

In 2021, the company's Scope 1 emissions were around 36.4 billion kg CO2e and Scope 2 emissions were approximately 5.1 billion kg CO2e, leading to a combined total of about 41.5 billion kg CO2e.

Lukoil has set a near-term target to reduce controlled greenhouse gas (GHG) emissions (Scope 1 + Scope 2) by 20% compared to the 2017 level, with a target year of 2021. The 2017 baseline for Scope 1 and 2 emissions was approximately 50.9 billion kg CO2e. The company did not disclose Scope 3 emissions data for the reported years.